At the 2nd Extraordinary General Meeting of Shareholders, held on 26 Sept 2008, the following proposals were examined and approved:

1. to purchase a 15.57% stake in Tangshan Sanyou Zhida Calcium Industry Co., Ltd., previously held by the Economic Development Service Center of Heiyanzi Town, Fengnan District, Tangshan, following which the company will merge with Sanyou Zhida
2. to adjust an original scheme to establish the company's salt business division
3. to expand the company's business scope
The following business sectors will be enhanced: the production and sale of industrial dihydrate calcium chloride, anhydrate calcium chloride, deicing salt and crude salt.

4. to revise the Articles of Association
5. to elect directors and independent directors of the 4th Board of Directors as well as a shareholder representative supervisor of the 4th Board of Supervisors
6. to sign a purchase and sales agreement for limestone with Tangshan Sanyou Mine Co., Ltd.

Board of Shareholders
09 Sept 2008

Source: Shanghai Stock Exchange

Date: 06 Oct 2008

CN01/NZ/DM/BT/KM